If the American beer drinker is any indication of US wellbeing, then things
are still not right in the world’s largest economy.

SABMiller, as global a purveyor of lager and beer as there is, reported that
every region in the world bar North America saw volume growth in its
financial year to the end of March.

The group’s MillerCoors business in the United States saw sales to retailers
down by 2.6 per cent in the year. There was an improvement in the last
trading quarter, although that was as much from a better performance from
its lower-alcohol brands Miller Lite